Press Releases


Contact:

Mei Li
Senior VP
Corporate Communications
NetSuite Inc.
Phone: 650.627.1063
E-mail: meili@netsuite.com

NETSUITE RENEWFORCE PROGRAM SAVES CUSTOMERS 50% ON THEIR SALESFORCE.COM PRICE

With RenewForce, Salesforce.com Customers Move From Standalone SFA to Feature-Rich CRM and Leading SaaS Suite for ERP, CRM and Ecommerce

SAN MATEO, Calif.—October 22, 2008—NetSuite Inc. (NYSE: N), a leading vendor of on-demand, integrated business management software suites for mid-market enterprises and divisions of large companies, today announced a new program aimed at salesforce.com customers who are eager to realise greater value from their customer relationship management (CRM) investment, as well as relief from some of the industry’s highest on-demand subscription fees. The NetSuite RenewForce Program offers all salesforce.com customers the opportunity to drop their standalone sales force automation (SFA) offering from salesforce.com in exchange for NetSuite CRM+ at a cost NetSuite guarantees will be 50% off the value of their current salesforce.com implementation, including service and support.

NetSuite anticipates that salesforce.com customers will find a lot to like about the NetSuite RenewForce offer as they seek opportunities in this economic downturn to realise greater value across their operations. As an on-demand suite with built-in integration and business analytics, NetSuite offers substantially more value than the standalone salesforce.com SFA application and at substantially less cost. For more information about the NetSuite RenewForce program, please visit www.netsuite.com/renewforce.

The NetSuite RenewForce program is available now for a limited time only to all current salesforce.com customers in good standing. The 50% discount will apply to a comparable license for NetSuite CRM+, including customer support and implementation services.

"RenewForce ends the age of being forced to pay $125 per-user-per-month for basic contact management and SFA," said Zach Nelson, NetSuite CEO. "In this environment, reducing costs and increasing productivity are key, and applications like NetSuite CRM+ that include—but go well beyond—basic SFA functionally enable companies to do a lot more with a lot less."

Salesforce.com customers who take the NetSuite offer receive much more than just a 50% discount and a great product. They also receive important customer relationship management functionality not found in salesforce.com, including the ability to:

  • Create estimates or quotes
  • Generate sales orders
  • Manage multiple quotas and forecasts
  • Automate support for cross-selling and up-selling
  • Manage incentive management (commissions) within the system without using a third product
  • Conduct integrated email marketing
  • Pre-configure dashboards for business intelligence, and more

For more information about NetSuite Inc., please visit www.netsuite.com.